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the impending fiscal cliff that stands to affect the first pay check you get next month unless, of course, lawmakers can find a solution. today the senate majority leader mitch mcconnell said there is still time to work out a deal. however, there is no firm evidence of any real plan. here is what we do know tonight. president obama cutting his vacation short arriving back in washington today. house lawmakers announcing late today they are now planning to return on sunday. but listen to the rhetoric. and you have to question whether that will do any good because near early everything that is coming out of d.c. is about blame. not answers. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them go in fact. they are not here. they are not here. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out mon
the impending fiscal cliff that stands to affect the first pay check you get next month unless, of course, lawmakers can find a solution. today the senate majority leader mitch mcconnell said there is still time to work out a deal. however, there is no firm evidence of any real plan. here is what we do know tonight. president obama cutting his vacation short arriving back in washington today. house lawmakers announcing late today they are now planning to return on sunday. but listen to the...
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it could be the last shot to avoid going over the so-called fiscal cliff. but is the meeting just for show or could we really truly be close to a deal? doug is live in washington with more details, what are we in for? >> to be a fly on the wall in this meeting. these are the players that will be there today. the president with congressional leaders from both parties to see if they can get something done. it may be substantive, it may be window dressing. >> any time you announce a meeting publicly in washington, it's usually for political theater purposes. nothing good ever comes from it. there is one thing you have to do in politics. if the president meets with a foreign leader, you want to make sure you know what's going to happen at the meeting. when the president calls congressional leaders to the white house, it's all political theater or they've got a deal. my bet is all political theater. >> kelly: well, we will see. >> congress thee receipticcally could get something done. we saw the congress work yesterday. the house is going to be back here getting
it could be the last shot to avoid going over the so-called fiscal cliff. but is the meeting just for show or could we really truly be close to a deal? doug is live in washington with more details, what are we in for? >> to be a fly on the wall in this meeting. these are the players that will be there today. the president with congressional leaders from both parties to see if they can get something done. it may be substantive, it may be window dressing. >> any time you announce a...
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chairman max baucus, the democrat says that he thinks this will fiscal cliff matter comes down as one white house meeting two hours from now. another top senate republican said a short time ago that he was calling on president obama to lead. >> the president is not a senator anymore. he's a president. just as president reagan worked to deal with tip o'neill and bill clinton and president eisenhower, we need leadership on not just taxing rich people, but we contact them and it wouldn't help the medicare fiscal cliff. greg: others are skeptical, noting that high-profile meetings are for show often times and all about tactics. we expect the president will try a stopgap measure extending middle-class tax rates, extending unemployment benefits for some 2 million americans, do some small spending cuts now, but not entitlement reform. an ally of the white house and the house of representatives offered this. >> this is not for show. it is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package. a small deal together before the n
chairman max baucus, the democrat says that he thinks this will fiscal cliff matter comes down as one white house meeting two hours from now. another top senate republican said a short time ago that he was calling on president obama to lead. >> the president is not a senator anymore. he's a president. just as president reagan worked to deal with tip o'neill and bill clinton and president eisenhower, we need leadership on not just taxing rich people, but we contact them and it wouldn't...
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i will be back here in a couple hours with heather. patti ann: we'll cover the fiscal cliff. the negotiations continuing. the debt ceiling we have it all for you. i will back
i will be back here in a couple hours with heather. patti ann: we'll cover the fiscal cliff. the negotiations continuing. the debt ceiling we have it all for you. i will back
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harris: they did take time away from the fiscal cliff to debate this 4 1/2 hours yesterday. >> that's true. harris: so there is that. dan, thanks very much. >> thanks for having me. jon: so as we count down to those year-end tax hikes and spending cuts that will affect the lives of virtually every single american, why one key republican lawmaker says his party is not even trying to solve the fiscal cliff crisis and why he thinks that may be a good thing. interesting take coming up. >>> plus, russian president vladmir putin, have you heard what he did? taking aim at americans who hope to adopt russian children. what's behind this controversial move? a live report next. jon: right now syria's opposition leader is rejecting an invitation for peace talks as the violence escalates. the country's ally, russia, is inviting the leader of syria's opposition to visit moskow for the first time but that offer turned down. some interesting developments here. let's get them from leland vittert live in our mideast bureau. leland? >> reporter: jon, no one really views russia as an honest broker here
harris: they did take time away from the fiscal cliff to debate this 4 1/2 hours yesterday. >> that's true. harris: so there is that. dan, thanks very much. >> thanks for having me. jon: so as we count down to those year-end tax hikes and spending cuts that will affect the lives of virtually every single american, why one key republican lawmaker says his party is not even trying to solve the fiscal cliff crisis and why he thinks that may be a good thing. interesting take coming up....
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to keep our nation from plunging off the fiscal cliff but he says the two sides still have ground to cover and the time is running out. that one-two punch that will kick in, hours from now, on january 1, and if the president and congressional lawmakers cannot hash it out, the united states could fall into another recession. here is part of the framework for the agreement. the bush tax cuts would expire for incomes above $400,000 for individuals and $450,000 for families. unemployment benefits would continue for one year and the estate tax would go up. we have learned lawmakers are still working out the automatic spending cuts. president obama weighs in saying middle class families can not get caught in the middle. >> the last thing folks like the folks up here on this stage can afford right now is to pay an extra $2,000 in taxes next year. middle-class families can not afford it, businesses cannot afford it, our economy can not afford it. >>trace: traders on wall street are watching the president's comments. the chance of going over the cliff may not look great but the dow is up for
to keep our nation from plunging off the fiscal cliff but he says the two sides still have ground to cover and the time is running out. that one-two punch that will kick in, hours from now, on january 1, and if the president and congressional lawmakers cannot hash it out, the united states could fall into another recession. here is part of the framework for the agreement. the bush tax cuts would expire for incomes above $400,000 for individuals and $450,000 for families. unemployment benefits...
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parachute. >> the last minute move to save us from the fiscal cliff. and, a shooting inside a politician. -- police station. officers down and a suspect dead. >> i saw them throw somebody into an ambulance. >> in moments, what we know about how this happened. and on very thin ice. >> the deeper you got out, the more ice was cracking. you just couldn't get to them. >> the rescue mission to pluck a man and a dog from a frozen river. i'm harris faulkner in for shepard smith. and president obama says tonight there is still time to get a deal done before we fall off the fiscal cliff. and he demanded congress take action now before it's too late. the president spoke in the white house briefing room just about an hour ago now. he was visibly tense. frustration in his voice. >> america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we are now at the last minute. and the american people are not going to have any patience for a politically self-infl
parachute. >> the last minute move to save us from the fiscal cliff. and, a shooting inside a politician. -- police station. officers down and a suspect dead. >> i saw them throw somebody into an ambulance. >> in moments, what we know about how this happened. and on very thin ice. >> the deeper you got out, the more ice was cracking. you just couldn't get to them. >> the rescue mission to pluck a man and a dog from a frozen river. i'm harris faulkner in for shepard...
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. >> last night on hannity he was talking about the looming fiscal cliff and the president's approach to negotiations. krauthammer giving his take on why a deal has not been reached yet. >> it has been very clear from the beginning that he had no intention to solve the fiscal issues. he has been using this and i must say with great skill and ruthless skill and success to fracture and basically shatter the republican opposition, the only redut of the opposition is the house. his objective from the very beginning is to break the will of republicans in the house and create an internal civil war. he has done that right up until now obama has what he wanted which is a partisan political success. he has been less worried about the fiscal issue for two reasons number one he does not care about debt. he hasn't in the four years, and number two, he thinks he's a political winner if we go over the cliff. he thinks he's holding all of the cards. >>> house gop leaders have decided to have the house of representatives turn on sunday evening just in case there's a deal made in the final hours. >>>
. >> last night on hannity he was talking about the looming fiscal cliff and the president's approach to negotiations. krauthammer giving his take on why a deal has not been reached yet. >> it has been very clear from the beginning that he had no intention to solve the fiscal issues. he has been using this and i must say with great skill and ruthless skill and success to fracture and basically shatter the republican opposition, the only redut of the opposition is the house. his...
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cliff in terms of our taxes going up can be taken care of by making whatever taxes pass retroactive. >> we've known about the deadline two years, and you're telling me we can't make this deadline but january 3rd they're going to make it better. how much confidence do we have? >> i'm not saying i'm optimistic but i'm saying even if they have some kind of deal. there's a deadlock. republicans want more cuts in spending and democrats want taxes on of a earners -- this is a policy, ideological issue. the thing that's going to happen is when everybody gets socked in the pocketbook, no matter where they stand politically, they'll be mad at everyone in power. >> trace: you've looked at this closely. do you think there's a number that the republican house members would say we'll raise taxes this much but we want this much in cuts? what's your bottom line? >> i would;(:7wç think they maye able to -- say obama goes up another 100,000 and defines top earners as households with over a half million. they're close on that. then on the entitle cuts they could structure it a few ways, including str
cliff in terms of our taxes going up can be taken care of by making whatever taxes pass retroactive. >> we've known about the deadline two years, and you're telling me we can't make this deadline but january 3rd they're going to make it better. how much confidence do we have? >> i'm not saying i'm optimistic but i'm saying even if they have some kind of deal. there's a deadlock. republicans want more cuts in spending and democrats want taxes on of a earners -- this is a policy,...
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rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached its $16.4 trillion borrowing limit. he says the government is now employing, quote, extraordinary measures in order to avoid default, no word how lawmakers will resolve huge differences raising debt limit, the debt ceiling but it could be just a matter of weeks before the government defaults. heather: the supreme court's chief justice weighing in on the country's physical problems. saying the judicial branch gets a minuscule fraction of the nation's trillion dollar budget. it has already done its part when it comes to cost cutting. he is calling on the white house and congress to give enough funding to insure the federal judiciary can do its job. saying this. a significant and prolonged short fall in judicial funding would inevitably result in the delay or denial of justice for the people the courts serve. i therefore encourage the president and congress to be especially attentive to the needs of the judicial
rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached its $16.4 trillion borrowing limit. he says the government is now employing, quote, extraordinary measures in order to avoid default, no word how lawmakers will resolve huge differences raising debt limit, the debt ceiling but it could be just a matter of weeks before the government defaults. heather: the supreme court's...
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the question is, could it be too late to avoid the fiscal cliff? we'll look into that, a look at the new taxes you could be paying next week. >> clayton: after getting caught an explosion in iraq he was told he would never walk again. now this marine is climbing and will join us live with his incredible story. "fox & friends" hour three begins right now. er. >> clayton: welcome t. hello, hello. >> juliet: this is really a -- i guess this the best set we've ever had nor me. >> clayton: so beautiful. >> kelly: we hope steve, brian and gretchen are enjoying time off. >> clayton: and kelly wright, juliet and clayton in this morning. noise holiday and i'm looking forward to split up 'cause i get the birthday. subtle way to drop a hint. >> juliet: you're working new year's day? >> clayton: yeah, i'll be here. happy new year. >> kelly: and merry christmas if we got to you too late. we're getting a look at president obama who did enjoy a good christmas with his family in hawaii. he's boarding air force one and leaving hawaii. the president is in the air ri
the question is, could it be too late to avoid the fiscal cliff? we'll look into that, a look at the new taxes you could be paying next week. >> clayton: after getting caught an explosion in iraq he was told he would never walk again. now this marine is climbing and will join us live with his incredible story. "fox & friends" hour three begins right now. er. >> clayton: welcome t. hello, hello. >> juliet: this is really a -- i guess this the best set we've ever...
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cliff. lawmakers are heading back to washington including the president with this year-end deadline that's been on the horizon. welcome, everybody, great to have you here. brand new hour of "happening now." kelly: i'm kelly wright in for jon scott -- jamie: and i'm jamie colby in for jenna today. kelly: talks hitting a dead end last week, now most americans are facing big tax hikes unless the two sides can work out a last minute deal. chief white house correspondent ed henry with more. >> reporter: you're right, really all eyes turning to plan c. plan a was that $4 trillion debt deal, plan b was speaker boehner's idea about tax increases only for million dollar incomes and more, now turning to plan c which is president obama's idea which is to move it back to $250,000 or more, that would be the threshold for tax cuts or tax increases in the other direction, also dealing with two million people who are losing their unemployment benefits, president wants to the take care of that by the end of
cliff. lawmakers are heading back to washington including the president with this year-end deadline that's been on the horizon. welcome, everybody, great to have you here. brand new hour of "happening now." kelly: i'm kelly wright in for jon scott -- jamie: and i'm jamie colby in for jenna today. kelly: talks hitting a dead end last week, now most americans are facing big tax hikes unless the two sides can work out a last minute deal. chief white house correspondent ed henry with...
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the fiscal cliff looming larger. enough insight into how a deal blew up and then there is the story of the woman who was fired because her boss thought she was irresistible. all that top of the hour. see you then . . start ♪ ♪ . >> rick: if you make another one of shows video, i want to be part of it. he has opened up for country music stars likes dierks bentley and blake shelton and the shopping you heard "shine," propelled him to the top of the charts. now he's spreading holiday cheer with a song called "our christmas." looks like an amazing time in the video. >> it is an amazing time. it's great. >> rick: tell me about the song you're going to perform for us. >> it's a little christmas diddy it make you feel good. it's christmas eve today. it makes you feel good about you you and your lady friend if you have one. >> rick: that's what we need. there you go. why don't you guys play for us right now. >> all right. ♪ string up the lights baby ♪ break out the cheer ♪ jingle bells jingle well it's that time of
the fiscal cliff looming larger. enough insight into how a deal blew up and then there is the story of the woman who was fired because her boss thought she was irresistible. all that top of the hour. see you then . . start ♪ ♪ . >> rick: if you make another one of shows video, i want to be part of it. he has opened up for country music stars likes dierks bentley and blake shelton and the shopping you heard "shine," propelled him to the top of the charts. now he's spreading...
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jamie: how will the fiscal cliff drama play out? we'll take a fair and balanced cliff look at all the different scenarios that could happen. that is coming up later in the hour. join us. kelly: former president george h.w. bush in the hospital this christmas as he recovers from a severe cough and fever. doctors admitted him last month out of abundance of caution because of his age. the former president is 88 years old now and he has had some health issues over the years. mr. bush suffering from parkinson's disease. that's why you often see him using a motorized wheelchair or scooter. he also takes medication for an irregular heartbeat and suffers from a mild form of grave's disease, which is a thyroid condition the former president had surgeries to replace both hips. his most recent operation was in 2007. jamie: we send our best wishes to the entire family. kelly: we do. jamie: a new tribute to the victims of the sandy hook school shooting. we can't do enough to let them know we care. a community far from connecticut got together to
jamie: how will the fiscal cliff drama play out? we'll take a fair and balanced cliff look at all the different scenarios that could happen. that is coming up later in the hour. join us. kelly: former president george h.w. bush in the hospital this christmas as he recovers from a severe cough and fever. doctors admitted him last month out of abundance of caution because of his age. the former president is 88 years old now and he has had some health issues over the years. mr. bush suffering from...
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down to the wire for a fiscal cliff deal. and is it mitch mcconnell to the rescue. live in washington on the 11th hour negotiations. >> and did you know about to fall off the dairy cliff? >> juliet: have you seen the prices? >> dave: as high as 8 bucks a gallon for milk. >> clayton: oak ridge boys bush. special number tribute for number 41. "fox & friends" begins right now. >> am i wrong about that don't the have a deep voice? ♪ >> oak ridge boys have been on this show many times on "fox & friends." >> good morning, everyone. >> dave: good morning. juliet huddy celebrating an early new year's eve. is it new year's eve? >> juliet: sparkly shoes and everything. i feel like we are waking up at 4:00 in the morning on saturday i better be festive. >> clayton: that's what woke me up this morning. >> juliet: this is a beautiful set it has inspired me. >> dave: it's spectacular. >> juliet: it is. >> dave: it's fiscal cliff time. couple of days away. rare i wake up and say i'm moderately optimistic but that's what the president said. you are either optimistic or you are no
down to the wire for a fiscal cliff deal. and is it mitch mcconnell to the rescue. live in washington on the 11th hour negotiations. >> and did you know about to fall off the dairy cliff? >> juliet: have you seen the prices? >> dave: as high as 8 bucks a gallon for milk. >> clayton: oak ridge boys bush. special number tribute for number 41. "fox & friends" begins right now. >> am i wrong about that don't the have a deep voice? ♪ >> oak ridge...